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If a particular consumer derives total utility of 22 utils having consumed 4 units of...

Economics
WAEC 2012

If a particular consumer derives total utility of 22 utils having consumed 4 units of a given product, his average utility will be

  • A. 88 utils
  • B. 18 utils
  • C. 5.5 utils
  • D. 3.5 utils
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Correct Answer: Option C
Explanation

Average utility will be the total utility derived form the consumption of a commodity divided by the number of units consumed. Thus we have;

22 ÷ 4 = 5.5 utils

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